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Definition of annuitant in US English:

annuitant

noun

formal

A person who receives an annuity.

‘The particulars stated that: ‘Estate duty will be payable on the death of the annuitant who is believed to have no aggregable estate’ and the name of the solicitors who prepared the particulars was given.’

‘In line with this, many annuitants and prospective pensioners have been receiving smaller pensions or annuities than what they were originally quoted.’

‘If your designated survivor annuitant dies before you, or you are divorced or married after electing the option, you may name a new survivor’

‘For many of them their investment in a policy with the Society represents a substantial part of their savings, or of their pension provision; in the case of annuitants it may be all or a large part of their actual pension.’

‘Beginning at age 62, the annuitant received either 35 percent of the base amount or 55 percent of the base amount minus the Social security benefit attributed to military service.’

‘The annuitant must declare the full amount receivable on his tax return to be given credit for the tax withheld.’

‘Retirees and other annuitants may choose to enroll in one of several plans from health maintenance and preferred provider organizations.’

‘Most annuitants choose to receive monthly payments for the rest of their life and their spouse's life (meaning the insurer stops issuing payments only after both parties are deceased).’